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Google closer to Motorola Mobility purchase

$12.5b bid for maker of devices OK’d by US, European regulators

By Gabriele Steinhauser and Michael Liedtke

 |  Associated Press  

  February 14, 2012

Google’s $12.5 billion acquisition of cellphone maker Motorola Mobility have won approvals from U.S. and European antitrust regulators, moving Google a major step closer to completing the biggest deal in its 13-year history. The blessings mean Google Inc. just needs to clear a few more regulatory hurdles before it can take control of Motorola Mobility Holdings Inc. and expand into manufacturing phones, tablet computers and possibly other consumer devices for the first time.

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